Limited upside for the ringgit


Money inflow: The ringgit is little changed against the US dollar yesterday at 4.058. However foreign investors’ appetite for local stocks is returning.

Unpredictable market dampens rise in local currency

PETALING JAYA: A massive inflow of funds from overseas into the local bond and stock markets in recent weeks is helping the ringgit regained some lost ground against major currencies after a dreadful 2015.

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Business , forex , ringgit , foreign investors

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